SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
Stromberg William J

(Last) (First) (Middle)
100 E. PRATT STREET

(Street)
BALTIMORE MD 21202

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/08/2006
3. Issuer Name and Ticker or Trading Symbol
PRICE T ROWE GROUP INC [ TROW ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 341,915.597 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to buy) (1) 09/21/2011 Common Stock 15,000 25.7 D
Stock Options (Right to buy) (2) 07/30/2012 Common Stock 30,000 27.34 D
Stock Options (Right to buy) (3) 11/18/2006 Common Stock 6,374 36.71 D
Stock Options (Right to buy) (4) 11/18/2006 Common Stock 9,388 38.3438 D
Stock Options (Right to buy) (5) 09/21/2011 Common Stock 9,189 41.95 D
Stock Options (Right to buy) (6) 09/21/2011 Common Stock 8,900 42.9 D
Stock Options (Right to buy) (7) 12/11/2013 Common Stock 60,000 43.45 D
Stock Options (Right to buy) (8) 07/30/2012 Common Stock 8,474 48.39 D
Stock Options (Right to buy) (9) 11/18/2007 Common Stock 29,248 55.78 D
Stock Options (Right to buy) (10) 12/21/2008 Common Stock 36,316 61.23 D
Stock Options (Right to buy) (11) 09/03/2009 Common Stock 16,279 61.39 D
Stock Options (Right to buy) (12) 12/20/2014 Common Stock 55,000 61.55 D
Stock Options (Right to buy) (13) 09/03/2009 Common Stock 19,252 62.61 D
Stock Options (Right to buy) (14) 10/03/2015 Common Stock 50,000 65.24 D
Stock Options (Right to buy) (15) 11/20/2010 Common Stock 39,075 72.36 D
Stock Options (Right to buy) (16) 07/30/2012 Common Stock 11,237 72.99 D
Stock Options (Right to buy) (16) 09/21/2011 Common Stock 10,563 72.99 D
Explanation of Responses:
1. 09/21/2001 Grant - The option vests 20% annually over a 5 year period beginning on 09/21/2002.
2. 07/30/2002 Grant - The option vests 20% annually over a 5 year period beginning on July 30, 2003.
3. 05/30/2003 Replenishment Grant - option vest 100% immediately.
4. 03/16/1999 Replenishment Grant - option vest 100% immediately.
5. 08/12/2003 Replenishment Grant - option vest 100% immediately.
6. 09/24/2003 Replenishment Grant - option vest 100% immediately.
7. 12/11/2003 Grant - The option vests 20% annually over a 5 year period beginning on 12/11/2004.
8. 01/02/2004 Replenishment Grant - option vest 100% immediately.
9. 03/05/2004 Replenishment Grant - option vest 100% immediately.
10. 06/17/2005 Replenishment Grant - option vest 100% immediately.
11. 02/28/2005 Replenishment Grant - option vest 100% immediately.
12. 12/20/2004 Grant - The option vests 20% annually over a 5 year period beginning on 12/20/2005.
13. 03/01/2005 Replenishment Grant - option vest 100% immediately.
14. 10/03/2005 Grant - The option vests 20% annually over a 5 year period beginning on 10/03/2006.
15. 11/23/2005 Replenishment Grant - option vest 100% immediately.
16. 01/03/2006 Replishment Grant - option vest 100% immediately.
WILLIAM J STROMBERG 02/10/2006
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
LIMITED POWER OF ATTORNEY

     THE UNDERSIGNED, William J. Stromberg, hereby constitutes and appoints,
with full power of substitution, any member of the Executive Committee of the
Board of Directors of T. Rowe Price Group, Inc. (the "Corporation") or the
Secretary of the Corporation, the true and lawful attorney-in-fact of the
undersigned, with full power and authority in the name of and for and on behalf
of the undersigned to execute and file any Form 3, Form 4 or Form 5 for the
purpose of reporting securities transactions to the Securities and Exchange
Commission under Section 16 of the Securities Exchange Act of 1934, as amended.

     This Power of Attorney is made under, and shall be governed pursuant to,
the laws of the State of Maryland.


Date:  February 10, 2006	/s/________________________
 		              William J. Stromberg